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The Law Offices of Frank R. Cruz announces an investigation of Blaize Holdings, Inc. (“Blaize” or the “Company”) (NASDAQ: BZAI) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On April 28, 2026, Pelican Way Research published a report alleging, among other things, that Blaize had “artificially boosted [its] share price by engaging in a bogus deal with a 4-month-old counterparty whose website features ‘products’ that appear to be photoshopped to add the Blaize logo.” Specifically, the report cited Blaize’s deal with NeoTensr, worth approximately $50 million, despite NeoTensr having just $2 million of startup capital, according to Chinese filings.
On this news, Blaize’s stock price fell $0.26, or 12.04%, to close at $1.90 per share on April 28, 2026, thereby injuring investors.
If you suffered a loss on your Blaize Holdings, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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